Cheap Homes for Rent in Niagara Falls, ON from $500 (47 Rentals)

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property at 7800 Lundy's Ln

$1,150 - $1,250

Studio Rentals

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7800 Lundy's Ln

Niagara FallsONL2H 1H1

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Niagara Falls, ON Local Guide

Cheapest Neighborhoods for Apartments in Niagara Falls, ON

Pricing Updated: 06/06/2026

Current apartment rentals in the Niagara Falls, ON area range in price from $574 to $12,214 with an overall median price of $10,176. The three Niagara Falls neighborhoods with the lowest median rent pricing are Clifton Hill at $574, Queensway Garden Stamford Centre at $800, and Corwin Crescent at $700. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Niagara Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Clifton Hill$9,005$57423
Queensway Garden Stamford Centre$9,005$8009
Corwin Crescent$9,744$70026
Drummond Heights$9,744$70026
Lundys Lane$9,744$57427
Niagara South$9,744$1,9994
Niagara Falls South$12,214$9997
Orchard Park$12,214$57435

Cheapest Available Niagara Falls Apartments for Rent

 

The cheapest available apartment rental in Niagara Falls, ON is a 1 Bed unit found at Heritage Place Apartments in the Greater Niagara Falls neighborhood priced from $1,625. Squire Court Apartments in the Niagara On The Lake neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,675. Here is today’s list of the most affordable Niagara Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Place Apartments1 Beds, 1 Baths1BR,1BA$1,625
Squire Court Apartments2 Bed 1 Bath A2BR,1BA$1,675
Portage Place Apartments1 Beds, 1 Baths1BR,1BA$1,695
Ormond Gardens1 Bedroom1BR,1BA$1,697
The Brighton Apartments1 Beds, 1 Baths1BR,1BA$1,700
Waverly Place2 Bed 1 Bath A2BR,1BA$1,700
Lord Simcoe Apartments1 Bed 1 Bath B1BR,1BA$1,725
Casey Street Apartments2 Beds, 1 Baths2BR,1BA$1,740
Victoria Park Tower2 Beds, 1 Baths2BR,1BA$1,825
Imperial Tower Apartments2 Beds, 1 Baths2BR,1BA$1,825

Best Value Apartments for Rent in Niagara Falls, ON

As of June 06, 2026 the best value apartment in the Niagara Falls area is the $2.45 price per square foot 2 Beds, 2 Baths Model at The Bellagio Apartments in the in the Greater Niagara Falls neighborhood starting from $2,530. The second greatest value Niagara Falls apartment is the 2 Beds, 1 Baths Model at Victoria Park Tower starting at $1,825 with a $1.95 price per square foot in the Greater Niagara Falls neighborhood. Here is today’s list of the best values for Niagara Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bellagio Apartments2 Beds, 2 Baths2BR,2BA$2.45
Victoria Park Tower2 Beds, 1 Baths2BR,1BA$1.95
Imperial Tower Apartments2 Beds, 1 Baths2BR,1BA$1.95
Squire Court Apartments2 Bed 1 Bath A2BR,1BA$1.83
Casey Street Apartments2 Beds, 1 Baths2BR,1BA$1.97
Waverly Place2 Bed 1 Bath A2BR,1BA$1.93
Dorchester Apartments2 Bed 1 Bath A2BR,1BA$2.73
Lord Simcoe Apartments1 Bed 1 Bath B1BR,1BA$2.57
Ormond Gardens1 Bedroom1BR,1BA$2.61
Portage Place Apartments1 Beds, 1 Baths1BR,1BA$2.61

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Niagara Falls, ON Rentals by Map

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Niagara Falls, ON Area Reviews

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Frequently Asked Questions about Niagara Falls

What type of rentals are currently available in Niagara Falls?

There are currently 110 Apartments for Rent in Niagara Falls, ON with pricing that ranges from $850 to $28,498. There are also 277 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niagara Falls ranging from $580 to $8,000.

What is the current price range for Rental Homes in Niagara Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Niagara Falls ranges from $580 to $8,000 with an average monthly rent of $2,507.

How much are larger Three and Four Bedroom Rentals in Niagara Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Niagara Falls range from $1,695 to $6,428, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $7,659.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.